SCHEDULE 13G/A: Pacer Funds and Affiliates Disclose 1.72% Passive Stake in Premier, Inc.
Beneficial Ownership Disclosure
Pacer Funds Trust, Pacer Advisors, Inc., and Joe M. Thomson have jointly filed an amended Schedule 13G, disclosing a combined beneficial ownership of 1.72% of Premier, Inc.'s Class A Common Stock as of March 31, 2025.
Summary
- Pacer US Small Cap Cash Cows ETF beneficially owns 1,235,952 shares, representing 1.35% of Premier, Inc.'s Class A Common Stock.
- Pacer US Large Cap Cash Cows Growth Leaders ETF beneficially owns 331,321 shares, representing 0.36% of Premier, Inc.'s Class A Common Stock.
- Pacer US Small Cap Cash Cows Growth Leaders ETF beneficially owns 6,387 shares, representing 0.01% of Premier, Inc.'s Class A Common Stock.
- Pacer US Cash Cows 100 ETF beneficially owns 0 shares, representing 0% of Premier, Inc.'s Class A Common Stock.
- Pacer Advisors, Inc., as the investment adviser to the Funds, and Joe M. Thomson, as the majority stockholder of Pacer Advisors, Inc., are deemed beneficial owners of the aggregate 1,573,660 shares held by the Funds.
- The total aggregate beneficial ownership by Pacer Advisors, Inc. and Joe M. Thomson is 1,573,660 shares, which represents 1.72% of the Class A Common Stock.
- The percentages are calculated based on 91,675,524 shares of common stock issued and outstanding as of December 31, 2024.
- All reporting persons disclaim beneficial ownership of shares held by the Funds, except to the extent of their pecuniary interest.
- The shares are held with shared voting and shared dispositive power, with no sole voting or dispositive power.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing disclosing beneficial ownership and does not contain information that would typically indicate positive or negative sentiment regarding the issuer's performance or outlook.
Future Outlook
NA
Industry Context
Schedule 13G filings are routine disclosures by institutional investors who acquire more than 5% of a company's stock but do not intend to influence or change control of the company. This filing indicates that Pacer Funds, managed by Pacer Advisors, Inc., hold a passive investment in Premier, Inc., consistent with their investment strategies as ETFs.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant institutional ownership, confirming a passive investment approach by Pacer Funds.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date as of which the number of outstanding shares (91,675,524) was reported by the Issuer. |
| 03/31/2025 | Date of event requiring filing of the statement. |
| 05/02/2025 | Date of filing of this Schedule 13G Amendment and Joint Filing Agreement. |
Keywords
Premier Inc., Class A Common Stock, Schedule 13G, Beneficial Ownership, Pacer US Small Cap Cash Cows ETF, Pacer US Large Cap Cash Cows Growth Leaders ETF, Pacer US Small Cap Cash Cows Growth Leaders ETF, Pacer US Cash Cows 100 ETF, Pacer Advisors Inc., Joe M. Thomson, Investment Adviser, SEC Filing
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